| TZA latest price $33.9800 (2.26%) ($32.8100 - $34.2100) on Fri. Apr. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.96% (three month average) |
RSI | 59 |
Latest Price | $33.9800(2.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 2.7% a day on average for past five trading days. |
Weekly Trend | TZA advances 2.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VIXM(64%) UUP(40%) VXX(17%) TBT(14%) EDOC(9%) |
Factors Impacting TZA price | TZA will decline at least -2.48% in a week (0% probabilities). VT(-91%) XLI(-88%) VYM(-87%) XRT(-86%) XHB(-86%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.48% (StdDev 4.96%) |
Hourly BBV | 0.6 () |
Intraday Trend | 2% |
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